Blue_oxen
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June 17, 2020, 04:10:43 AM |
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Some people run away from trading because they are lack of knowledge about it. Maybe because they experienced how to failed that's why they want to stop doing it.Trading requires a lot of patience and learning risk management is also important to know.
I can't be more agree! Most people quit trading because they didn't have enough knowledge and understanding when they come to the market. Therefore, they experienced a lot of failures and they feel desperate about their decisions. Once you trade without knowledge, you'll gain nothing but losing your capital. That's exactly why learning is quite important in trading!
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atjiat
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June 17, 2020, 06:45:35 AM |
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I think that a lot has already been said about what causes a trader to give up his activity. but it seems to me that you need to pay attention to what needs to be done to stay in the gain. It seems to me that you need to learn not only how to manage your capital, but also how to manage yourself, so that all of your subsequent transactions bring good profit. In addition to special knowledge and relevant experience, each trader should develop his own rules for approaching cryptocurrency trading, so that his work is more concentrated and balanced. In addition, fatigue and excessive stimulation have a very strong effect on the results.
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Dhoe
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June 17, 2020, 08:27:31 AM |
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A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
New traders are usually affected by screenshots income from professional traders. They think Trading is a very easy way to get money. So they immediately learn to trade with large capital because they hope get a lot of money. Even if you are a beginner in trading world then you better use a demo account as a place to learn.
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tvplus006
Legendary
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Activity: 2520
Merit: 2014
Shuffle.com
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June 17, 2020, 09:59:33 AM |
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A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.
Some traders do not understand how the cryptocurrency market works. They are faced with the fact that the market is volatile and there is a high degree of manipulation. Without accepting these facts, they try to work out their trading strategy, which leads to the loss of the deposit.
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xandriel
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June 19, 2020, 11:49:57 AM |
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A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
New traders are usually affected by screenshots income from professional traders. They think Trading is a very easy way to get money. So they immediately learn to trade with large capital because they hope get a lot of money. Even if you are a beginner in trading world then you better use a demo account as a place to learn. Now there is a lot of knowledge to study in the crypto market and before making a deposit into this market, use the demo account to know exactly what you are doing here. Some traders are good at trading initially, but when they deposit money, their psychology changes completely. I think they need to control their psychology and not panic when the market suddenly collapses.
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Renampun
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June 19, 2020, 05:59:04 PM |
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...
Apart from that, at least from a few friends that I found basically they don't really understand the price movements that occur, they only buy and sell at the wrong time and then they leave without having the desire to correct their mistakes. So in this case I think about why they left the trade because they didn't have a strong desire to learn about the trade themselves, because most of them just want to make a quick profit without knowing how long the process is for success. That is called a one-night trader... ( ̄∇ ̄) they say trading is easy, that is, only selling and buying, but in reality, trading is not that easy, before buying >> target coin, we must know the latest news related to our target coin. every news has a big influence on our> target coins> movement in the future.
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TimRey
Newbie
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Activity: 2
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June 21, 2020, 05:32:15 AM |
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Fear is the main factor.. These short-term traders see the same technical analysis signals that you see. They do the common mistakes in trading and find themselves in loss. People often get fooled and sell a creeping market short, because it keeps having reactions and they expect a profit. If they don't seems it profitable they run away from trading!! Traders generally buy and sell securities more frequently and hold positions for ... and should stay away from more volatile growth and startup companies shares @ https://www.e10studio.in/
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jakkk
Newbie
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Activity: 9
Merit: 0
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June 21, 2020, 05:50:36 AM |
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People run away from cryptocurrency trading because most of them cannot control emotions when getting loss plus there is no solid strategy to get out of a trade when losing.
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Dr.Osh
Legendary
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Activity: 2814
Merit: 1004
Buzz App - Spin wheel, farm rewards
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June 22, 2020, 08:09:57 AM |
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A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
Well, seeing other people benefit from trading makes many people feel that it's easy. when trying, the person will exit the trade. Well, that's predictable and it's been a long time ago. however, many impatient people try to trade and get nothing but losses. however, it stopped them.
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Btc_1856
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June 22, 2020, 12:20:28 PM |
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A lot of people think that trading is as easy as ABC, they just study within a few days and start to invest in it, some decided to follow signal channels, when things are not working out for them they will label trading as scam, lack of patience result in all this, no patience in waiting for the right time to study very well before entering the market and likewise no patience when they enter the market and start trading, regardless of the TA experience one might have, if you do not have patience while trading, you might find it difficult in making it
Well, seeing other people benefit from trading makes many people feel that it's easy. when trying, the person will exit the trade. Well, that's predictable and it's been a long time ago. however, many impatient people try to trade and get nothing but losses. however, it stopped them. You are right, people are leaving the trading based on the bad experiences they have faced because many impatient people want to make profits very quickly and this makes many people losing their original value, that's why we should always have safe funds in order to protect when there is a drop in the market.
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Tahsin Kabir Kollol
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June 25, 2020, 05:48:14 PM |
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Trade is a good means of earning money but it requires sufficient knowledge and practical application skills. But now there are most traders who have no knowledge about the trade. They want to make money from trade but are not interested in gathering and acquiring information about trade-related content. As a result, they are losing money in most cases during trade and this is creating a negative attitude among them. In order to trade properly, it is important to have adequate knowledge of all aspects of financial management risk assessment and trading strategy and its practical application. So most of the traders are losing their assets and trading for the purpose of making money without any knowledge. And I think that's the main reason for Run away from the trading.
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SARA ISLAM
Member
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Activity: 558
Merit: 11
umachit.fund
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June 25, 2020, 05:55:50 PM |
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Thank you for pointing out some very important points. Most people trade without realizing it, only on the tweets, telegrams, and signals of signal providers. It is very difficult to follow risk management in crypto trading but it is possible to follow risk management in Forex, stock market. Professional traders take a one to two percent risk of equity. This is the best strategy. Avoid trading in the sideway market, then the loss will be greatly reduced. The biggest thing is to be patient. Patience is the key to success.
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spike420211
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June 26, 2020, 09:40:21 AM Last edit: June 29, 2020, 04:01:16 PM by spike420211 |
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A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.
Those people were running away from trading, of course once they had earned money from trading. Who's given up, after all again everyone will start trade. I don't quit trading because trade profits are always possible. patience is the key to success. My patience is becoming low when the price drops. To recover from these losses, I have to accept losses or hold coins for a long time. People run away from those things that they can’t do. Tradeig is an extremely difficult task for success in which you need to have extensive knowledge in the field of economics and technical analysis. Not everyone is able to learn this business. However, if you overcome yourself and learn to trade sooner or later it will begin to bring you pleasure.
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tbterryboy
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June 26, 2020, 07:41:19 PM |
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Trading became a bit of a playing ground for some rich people that really took all the fun out of it from the people like me. You know how much money I had when I first get into trading? 11 dollars. That is correct, I had 11 dollars deposited (well actually earned) that I put into bitcoin and started trading it on cryptsy, I was trading CLAM to BTC and back and trying to make a profit.
Clam was used in just-dice and it was doog I think that owned the website and he invested into clams as well so I thought if a dude this prominent in bitcoin world believes into clam so will I and traded it there. Nowadays you can't even deposit 11 dollars, that is almost the fee at this point. You need to spend hundreds of dollars to even start making small trades and thousands of dollars to make sensible trades, or you have to risk everything and do a risky futures 100x leverage trading.
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hahay
Legendary
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Activity: 3682
Merit: 1056
Leading Crypto Sports Betting & Casino Platform
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June 26, 2020, 08:31:42 PM |
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A lot of people run away in trading because they mostly don't understand what they are doing, they usually think crypto trading is easy as pie but in reality trading is not that easy. Specially if you dont have any patience and risk management in trading.
Those people were running away from trading, of course once they had earned money from trading. Who's given up, after all again everyone will start trade. I don't quit trading because trade profits are always possible. patience is the key to success. My patience is becoming low when the price drops. To recover from these losses, I have to accept losses or hold coins for a long time. People run away from those things that they can’t do. Tradeig is an extremely difficult task for success in which you need to have extensive knowledge in the field of economics and technical analysis. Not everyone is able to learn this business. However, if you overcome yourself and learn to trade sooner or later it will begin to bring you pleasure. Uncertain and it all depends on himself, they run away from trading either because of frustration because of loss or run because of the benefits gained, because of the two could run and could stay. Right, trading is a difficult business and not everyone can succeed in trading and therefore knowledge and self-control in trading is something that is very important, in trading can not only rely on knowledge and can not only rely on patience and with you spend more lots of time in trading of course it will be a very good experience.
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boyptc
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June 27, 2020, 01:37:40 AM |
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They get in on trading without understanding how it works. Mostly, they lack patience and they thought that trading is about overnight success. You buy $100 worth of bitcoin and tomorrow it will become thousands of bucks.
They are losing motivation if they see their investment drops but it's their fault from the beginning of not knowing the underlying concepts of trading.
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Wexnident
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June 27, 2020, 03:00:11 AM |
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Should you really call it "running away"? Shouldn't it be more like, knowing what to do and not what to do? Imo, people who stop trading after trying it out are people who actually acknowledge either their lack of skill or lack of will to actually continue studying trading and the like. And it's a pretty good decision imo since any action that was just forced by the mindset of wanting to earn money would only make you lose more. Knowing what you can and can't do is a prerequisite in trading imo, and knowing that you can't do it is pretty much a good decision as knowing that you can do it. They get in on trading without understanding how it works. Mostly, they lack patience and they thought that trading is about overnight success. You buy $100 worth of bitcoin and tomorrow it will become thousands of bucks.
They are losing motivation if they see their investment drops but it's their fault from the beginning of not knowing the underlying concepts of trading.
And yes, acknowledging that trading isn't a money-making machine is what I consider them not being able to do it. Bitcoin to be specific tbh. Idk about stocks, but whenever people hear about cryptocurrency, they most often think about quickly being rich through it or something, unlike how stocks work with how long it has been since it's existence
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LUCKMCFLY
Legendary
Online
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
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June 27, 2020, 04:22:07 AM |
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Currently many people have turned to trading as a means of opportunity, all in very high inflation countries, the effect of the Covid-19 has left many unemployed and this has caused in many the reverse effect, sometimes the lack of knowledge makes lqs People flee the trade because they fail and do not return, but in many it has made them study more to understand the market.
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boyptc
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June 27, 2020, 04:43:48 AM |
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They get in on trading without understanding how it works. Mostly, they lack patience and they thought that trading is about overnight success. You buy $100 worth of bitcoin and tomorrow it will become thousands of bucks.
They are losing motivation if they see their investment drops but it's their fault from the beginning of not knowing the underlying concepts of trading.
And yes, acknowledging that trading isn't a money-making machine is what I consider them not being able to do it. Bitcoin to be specific tbh. Idk about stocks, but whenever people hear about cryptocurrency, they most often think about quickly being rich through it or something, unlike how stocks work with how long it has been since it's existence The mindset about cryptocurrency, most of the people that I've talked to personally think the same. Yes, all of them have the same thought that it's easy and quick money. But they will never understand the struggle we have whenever we trade or hold.
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virasog
Legendary
Offline
Activity: 3192
Merit: 1173
Leading Crypto Sports Betting & Casino Platform
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June 27, 2020, 06:55:53 AM |
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Thank you for pointing out some very important points. Most people trade without realizing it, only on the tweets, telegrams, and signals of signal providers. It is very difficult to follow risk management in crypto trading but it is possible to follow risk management in Forex, stock market. Professional traders take a one to two percent risk of equity. This is the best strategy. Avoid trading in the sideway market, then the loss will be greatly reduced. The biggest thing is to be patient. Patience is the key to success.
If anyone is only depending upon the signals from a trading group or site, he will never be able to do successful trades. For a successful trader one has to learn the trading first. If you yourself know the trading and then follow the signals, you can then analysis the signals and choose the best one. In this way most of your trades would be successful.
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